Mexico's Altan, Promtel sign deal to launch shared network

News Wireless Mexico 27 JAN 2017
Mexico's Altan, Promtel sign deal to launch shared network

The Altan consortium and Mexico’s Promoting Body of Investment in Telecommunications (Promtel) have formally signed the public-private partnership to mark the start of Altan’s 20-year concession to build and run the country's wholesale 4G shared network (Red Compartida). The aim is to install the first antenna in a few weeks’ time with a view to covering 30 percent of the population by 31 March 2018 and 92 percent by 2023. Under the terms of the tender, Altan must commence commercial operations by March 2018. The total amount of investment is estimated at USD 7 billion.

Altan’s largest shareholder is Morgan Stanley Infrastructure, with 33.38 percent, followed by the China-Mexico managed by a unit of the World Bank's International Finance Corporation, with 23.36 percent. The consortium also includes Mexican operators Megacable and Axtel but the companies cannot have representatives on Altan’s board of directors, according to the tender rules.

Categories:

Mobile

Companies:

Axtel,  Megacable,  Morgan Stanley,  Altan

Countries:

Mexico

Tags:

Government telecommunications licensing, Network Access, Launch, Wireless, Wholesale, Contract & orders

Related Articles

SPAIN 13 JUL 2018

Megacable planning to launch MVNO on Red Compartida

Mexican cable operator Megacable is planning to launch an MVNO later this year or at the start of 2019 using the recently activated 'Red Compartida' wholesale mobile network, reports El Universal, citing CEO Enrique Yamuni. "We have practically reached an agreement with Altan, the operator of Red Compartida, and are planning the service launch," said Yamuni. Megacable had 3.1 million pay-TV customers, 2.7 million broadband subscribers and 1.5 million fixed line customers at the end of March. The company is

MEXICO 4 APR 2017

Huawei to build central and southern Mexican shared network

Altan Redes, the consortium entrusted with building and running Mexico's wholesale 4G shared network (Red Compartida), has announced that Huawei will join Nokia as a technology supplier for the project to roll out infrastructure on the 700MHz band. Huawei will take charge of building the backbone and deploying infrastructure in the central and southern parts of Mexico (regions 6 to 9), with Nokia already confirming that it will cover northern areas (regions 1 to 5) and build the core network including the n

MEXICO 3 APR 2017

Mexico's MegaCable expands corporate presence

Mexican cable operator Megacable is looking to acquire an operator that will help it compete with rival Telmex in the country's lucrative corporate segment, reports business daily El Economista, citing the company's deputy general manager Raymundo Fernandez. An operator offering video, voice, data hosting or cloud services for corporate and government customers would allow Megacable to continue building its presence in a sector that's seen its specialist units ho1a and MetroCarrier quadruple their revenues

MEXICO 31 MRT 2017

Altan sets up MXN 1 bln trust for shared network rollout

Altan Redes, the consortium entrusted with building and running Mexico's wholesale 4G shared network (Red Compartida), has created a trust company ("Fideicomiso") as part of the public-private partnership set up in January in relation to the tender. The company will have an initial capital of MXN 1 billion and will hold all the equity and the debt for the roll-out of the project, as well as all related revenues. It will also have a reserve fund linked to the proposed coverage, which will act as a guarantee

MEXICO 31 MRT 2017

Nokia selected to build and manage Mexico's shared network

Nokia has been awarded a major contract to help design, build and operate Mexico's wholesale 4G shared network (Red Compartida) by Altan Redes, the consortium entrusted with providing wireless broadband nationwide to 92 percent of the country's population. Describing the award as its largest-ever contract win by scale in Latin America, Nokia will provide 100 percent of the fully virtualised core network and 40 percent of RAN, IP backhaul, OSS and NOC. This will be deployed in five Mexican regions out of a t

MEXICO 6 MRT 2017

Mexican court dismisses defamation action against Rivada

A Mexican federal court has finally dismissed a suit brought by the country's Secretariat of Communications and Transportation (SCT) against the accusations of a stitch-up brought by the Rivada Networks consortium following the latter's disqualification from the tender to build and run Mexico's wholesale shared network (Red Compartida). Business daily El Financiero reports that Mexico City's Eleventh District Court in Civil Matters ruled that the SCT had not standing to sue Rivada and its CEO Declan Ganley

MEXICO 2 MRT 2017

Mexico's shared network on course to meet 30% goal by 2018

Mexico's wholesale 4G shared network (Red Compartida) is on course to meet its initial coverage goal of 30 percent of the country's population in March 2018, reports website Mundo Ejecutivo, citing communications undersecretary Monica Aspe Bernal. Speaking at Mobile World Conference in Barcelona, Bernal said the first results of the rollout would seen in a year's time in terms of "coverage, quality and prices" of telecommunications services using the network. The Altan consortium was awarded a 20-year conce

MEXICO 20 FEB 2017

Mexico's SCT launches digital connectivity initiative

Mexico's Secretariat of Communications and Transportation (SCT) has announced the launch of an ambitious initiative to bring information technologies and telecom services to the majority of the population and reduce the digital divide. In a statement, the SCT said its ten-point Conectividad Digital project aimed to build on the major reforms in the area of telecommunications enacted by the Mexican government over the past three years. The ten projects set out in the programme drawn up with the help of the I

MEXICO 16 FEB 2017

Axtel Q4 revenues hit by weak peso, govt spending cuts

Mexican operator Axtel reported revenues of MXN 3.78 billion in the fourth quarter of 2016, up 34 percent year on year thanks to its merger with Alestra but down sequentially due to the weakness of the peso against the dollar and significant cuts in federal spending. However, internet and data revenues rose to MXN 832 million from MXN 174 million a year earlier, while IT service revenues soared to MXN 243 million from MXN 39 million in Q4 2015.

MEXICO 1 FEB 2017

Mexico plans to run 2.5 GHz band tender in Q3 2017

Mexico's Federal Telecommunications Institute (IFT) has announced that it plans to finally hold the tender of spectrum in the 2.5 GHz frequency band in the third quarter of this year. In a statement setting out its work plan for 2017, the regulator confirmed that 130MHz of spectrum in the 2.5 GHz band will be auctioned off after the authorities reach an agreement with the US on how to share the spectrum in border states. Other plans on the IFT's agenda include conducting an impact assessment on the shared n

MEXICO 19 JAN 2017

Mexico's IFT grants 20-yr shared network concession to Altan

Mexican communications regulator IFT has confirmed the grant to the Altan consortium of a 20-year concession to build and run the country's wholesale 4G shared network (Red Compartida). In a statement, the regulator said the concession was awarded for "the use and exploitation of bands of frequencies in the radioelectric spectrum for commercial use at the national level, in the segments 703 to 748 MHz and 758 to 803 MHz, with a validity of 20 years starting from the date of issue." The confirmation of the a

MEXICO 23 DEC 2016

Mexico to bring US legal action against Rivada Networks

Mexico's Secretariat of Communications and Transportation (SCT) has announced that it will file a suit in the US to reply to the accusations of a stitch-up brought by the Rivada Networks consortium after it was disqualified from the tender to build and run Mexico's wholesale shared network (Red Compartida). The SCT last month awarded the contract to the Altan consortium including Mexican operators Megacable and Axtel after excluding Rivada for failing to submit a MXN 1 billion bond in time. Rivada issued a

MEXICO 25 NOV 2016

Mexican government threatens countersuit against Rivada

Mexico's Secretariat of Communications and Transportation (SCT) has threatened to bring a countersuit against the accusations of a stitch-up brought by the Rivada Networks consortium following the latter's disqualification from the tender to build and run Mexico's wholesale shared network (Red Compartida). The SCT last week awarded the contract to the Altan consortium including Mexican operators Megacable and Axtel after excluding Rivada for failing to submit a MXN 1 billion bond in time. The SCT's head Ger

MEXICO 22 NOV 2016

Rivada vows to fight Mexico shared network contract award

The Rivada Networks consortium led by Ireland-based businessman Declan Ganley has vowed to continue its legal action against its disqualification from the tender to build and run Mexico's wholesale shared network (Red Compartida) on the 700 MHz band. The country's Secretariat of Communications and Transportation (SCT) last week awarded the contract to the Altan consortium including Mexican operators Megacable and Axtel after Rivada was accused of failing to submit a MXN 1 billion bond in time. In a statemen

MEXICO 18 NOV 2016

Altan consortium awarded Mexico shared network tender

Mexico's Secretariat of Communications and Transportation (SCT) has announced that the tender to build and run the country's wholesale shared network on the 700 MHz band (Red Compartida) has been awarded to the Altan consortium including Mexican operators Megacable and Axtel. Altan was the only remaining bidder after the SCT last week disqualified Rivada Networks, which continues to dispute the decision after it was accused of failing to submit a MXN 1 billion bond in time. Altan has pledged to cover 92.2 p

Just In

20 DEC 15:08

Dialog Axiata to offer Starlink satellite service across Sri Lanka

20 DEC 14:51

Sri Lanka raises LKR 10 billion in 5G spectrum auction

20 DEC 14:00

Vi introduces Niyo Zero Forex Markup Card for travelers

20 DEC 13:39

True reshuffles executive team

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.